1. Naming Rules for Trading Pairs of the "EPL Champion 2023" Prediction Contract
The "EPL Champion 2023" Prediction Contract is a product that is designed to predict the team that will win the 2023 English Premier League championship.This prediction product has a delivery date, and applies the trading rules of XT.COM futures.
The naming rule for trading pairs of this prediction contract is "EPL Champion Team 2023". The trading pairs are denominated and settled in USDT, and the contract settlement is based on the team that wins the 2023 English Premier League championship.
Taking “EPLChampionMNU2023” as an example, the contract is a prediction on whether Manchester United will win the EPL championship on May 28, 2023. If Manchester United wins the championship on that date, the contract will be delivered at a price of 1 USDT. On the other hand, if Manchester United does not win the championship, the contract will be delivered at a price of 0 USDT.
Similarly, if another team wins the EPL championship in 2023, the anchored contract will be delivered at a price of 1 USDT. On the other hand, if that team does not win the championship, the contract will be delivered at a price of 0 USDT.
“EPL Champion 2023” Prediction Contract Details:
| EPL 2023 Teams | Corresponding Predict Markets |
| Manchester United | EPLChampionMNU2023 |
| Arsenal | EPLChampionARS2023 |
| Manchester City | EPLChampionMCI2023 |
2. Trading Rules of the "EPL Champion 2023" Prediction Contract：
For example, in the case of the "EPLChampionMNU2023" contract, it is based on Manchester United winning the EPL championship. If you believe there is an 80% chance that Manchester United will win the championship, you can take a long position (buy) at a price of 0.2 USDT, without considering any fees or other costs. When Manchester United wins the championship and the contract is delivered at a price of 1 USDT, you will receive the corresponding profit.
The "EPL Champion 2023" Prediction Contract does not allow users to open short positions and is only available for trading in isolated margin mode.
3. Detailed delivery instructions：
Taking “EPLChampionMNU2023” as an example：
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The EPLChampionMNU2023 contract is a prediction on whether Manchester United will win the EPL championship on May 28, 2023. If Manchester United wins the championship on that date, the contract will be delivered at a price of 1 USDT. On the other hand, if Manchester United does not win the championship, the contract will be delivered at a price of 0 USDT.
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If the EPL is canceled due to any force majeure event, all the contracts based on the "EPL Champion 2023" Prediction Markets will be delivered at a price of 0 USDT.
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The contracts will be delivered within 0-2 hours once the championship result is determined. However, please note that XT.COM reserves the right to delay delivery due to force majeure events.